Oppenheimer Keeps Their Hold Rating on Alexion Pharmaceuticals (ALXN)


Oppenheimer analyst Hartaj Singh maintained a Hold rating on Alexion Pharmaceuticals (ALXN) yesterday. The company’s shares closed last Tuesday at $116.08.

According to TipRanks.com, Singh is a 4-star analyst with an average return of 9.5% and a 43.6% success rate. Singh covers the Healthcare sector, focusing on stocks such as Catabasis Pharmaceuticals, Vertex Pharmaceuticals, and Strongbridge Biopharma.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alexion Pharmaceuticals with a $151.75 average price target, a 27.3% upside from current levels. In a report released yesterday, Stifel Nicolaus also reiterated a Hold rating on the stock.

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Alexion Pharmaceuticals, Inc. is a biopharmaceutical company, which focuses on serving patients with devastating and ultra-rare disorders through the development and commercialization of life-transforming therapeutic products. Its products include ultomiris, soliris, strensiq and kanuma. The company was founded by Joseph A. Madri, David W. Keiser, Stephen P. Squinto and Leonard Bell in January 1992 and is headquartered in Boston, MA.

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